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Which Valuation Method to Use: Assume you were going to value the companies described below. State which valuation method you would use to value the

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Which Valuation Method to Use: Assume you were going to value the companies described below. State which valuation method you would use to value the company and discuss why you would use that method. A privately held company has had a stable capital structure strategy using 20% debt financing and 20% preferred stock financing and is expected to use the same capital structure in the future Value the com- pany as of today A publicly traded company, which has had no debt for many years, is planning to undergo a debt recapi talization. The plan calls for the company to issue a large amount of debt-bout 90% of the value of the Timm-and distribute the cash to its equityholders. Over the next ten years, the company plans to repay its debt so that the company will have 20% debt financing at the end of ten years. The company's long-run after year ten, capital structure strategy is to maintain 20 debt financing Value the company as of the date of the anticipated debt recapitalization Company P is acquiring Company S in a cash transaction Company P has a capital structure strategy of 30% debt financing Company S. is in different industry than Company Pand has a capital structure strategy of low debt financing Company P plans to continue to use its capital structure strategy ons consolidated basis after the transaktion. Value Company S for this transaction A publicly traded company has been changing its capital structure over the past few years as it acquired our companies operating in vanous industhos The company plans to refinance itself with 20% dicht Tinancing Value the company is of the refinancing Which Valuation Method to Use: Assume you were going to value the companies described below. State which valuation method you would use to value the company and discuss why you would use that method. A privately held company has had a stable capital structure strategy using 20% debt financing and 20% preferred stock financing and is expected to use the same capital structure in the future Value the com- pany as of today A publicly traded company, which has had no debt for many years, is planning to undergo a debt recapi talization. The plan calls for the company to issue a large amount of debt-bout 90% of the value of the Timm-and distribute the cash to its equityholders. Over the next ten years, the company plans to repay its debt so that the company will have 20% debt financing at the end of ten years. The company's long-run after year ten, capital structure strategy is to maintain 20 debt financing Value the company as of the date of the anticipated debt recapitalization Company P is acquiring Company S in a cash transaction Company P has a capital structure strategy of 30% debt financing Company S. is in different industry than Company Pand has a capital structure strategy of low debt financing Company P plans to continue to use its capital structure strategy ons consolidated basis after the transaktion. Value Company S for this transaction A publicly traded company has been changing its capital structure over the past few years as it acquired our companies operating in vanous industhos The company plans to refinance itself with 20% dicht Tinancing Value the company is of the refinancing

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